Canopy Market Size, Share & Trends Analysis Report By Material (PTFE, ETFE, PVC, Polyester Cloth), By End Use (Residential, Non-residential), By Application, By Region, And Segment Forecasts, 2026 - 2033
Description
Canopy Market Summary
The global canopy market siz
e was estimated at USD 2.15 billion in 2025 and is projected to reach USD 2.72 billion by 2033, growing at a CAGR of 3.1% from 2026 to 2033. Growth is primarily driven by the increasing adoption of canopies across residential and non-residential buildings.
Rising consumer interest in enhancing outdoor living spaces and the growing popularity of inside-outside lifestyles fuel demand. Canopies are used for shading and protection, along with architectural elements that enhance aesthetics and expand functional areas.
A wide range of canopy types is available in the market, including shade canopies, garden canopies, event structures, and portable garage canopies, catering to diverse application needs. These products are manufactured using materials such as fabrics, metals, glass, and wood, with the choice depending on durability, design, and end-use application.
The canopy industry is increasingly focusing on innovation, offering customizable and multifunctional solutions with features such as rainwater harvesting and weather resistance. Such advancements improve product utility and align with growing sustainability preferences. Broader trends, including rapid urbanization, rising home improvement spending, and the increasing demand for versatile outdoor structures support overall market growth. These factors collectively fuel the growth and expansion of the canopy market over the forecast period.
Global Canopy Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global canopy market report based on material, application, end use and region:
The global canopy market siz
e was estimated at USD 2.15 billion in 2025 and is projected to reach USD 2.72 billion by 2033, growing at a CAGR of 3.1% from 2026 to 2033. Growth is primarily driven by the increasing adoption of canopies across residential and non-residential buildings.
Rising consumer interest in enhancing outdoor living spaces and the growing popularity of inside-outside lifestyles fuel demand. Canopies are used for shading and protection, along with architectural elements that enhance aesthetics and expand functional areas.
A wide range of canopy types is available in the market, including shade canopies, garden canopies, event structures, and portable garage canopies, catering to diverse application needs. These products are manufactured using materials such as fabrics, metals, glass, and wood, with the choice depending on durability, design, and end-use application.
The canopy industry is increasingly focusing on innovation, offering customizable and multifunctional solutions with features such as rainwater harvesting and weather resistance. Such advancements improve product utility and align with growing sustainability preferences. Broader trends, including rapid urbanization, rising home improvement spending, and the increasing demand for versatile outdoor structures support overall market growth. These factors collectively fuel the growth and expansion of the canopy market over the forecast period.
Global Canopy Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global canopy market report based on material, application, end use and region:
- Material Outlook (Revenue, USD Billion, 2021 - 2033)
- PTFE
- ETFE
- PVC
- Polyester Cloth
- Others
- Application Outlook (Revenue, USD Billion, 2021 - 2033)
- Shade Canopy
- Event Tent or Large Canopy
- Others
- End Use Outlook (Revenue, USD Billion, 2021 - 2033)
- Residential
- Non-residential
- Regional Outlook (Revenue, USD Billion, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Thailand
- Australia
- Central & South America
- Brazil
- Middle East & Africa
- Saudi Arabia
Table of Contents
101 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. List of Data Sources
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
- Chapter 3. Forklift Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Forklift Market Analysis Tools
- 3.3.1. Industry Analysis - Porter’s
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
- Chapter 4. Forklift Market: Class Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Forklift Market: Class Movement Analysis, 2025 & 2033 (USD Million)
- 4.3. Class 1
- 4.3.1. Class 1 Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million, Volume Units)
- 4.4. Class 2
- 4.4.1. Class 2 Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million, Volume Units)
- 4.5. Class 3
- 4.5.1. Class 3 Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million, Volume Units)
- 4.6. Class 4/5
- 4.6.1. Class 4/5 Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million, Volume Units)
- Chapter 5. Forklift Market: Power Source Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Forklift Market: Power Source Movement Analysis, 2025 & 2033 (USD Million)
- 5.3. ICE
- 5.3.1. ICE Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million, Volume Units)
- 5.4. Electric
- 5.4.1. Electric Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million, Volume Units)
- Chapter 6. Forklift Market: Load Capacity Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Forklift Market: Load Capacity Movement Analysis, 2025 & 2033 (USD Million)
- 6.3. Below 5 Ton
- 6.3.1. Below 5 ton Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4. 5-15 Ton
- 6.4.1. 5-15 Ton Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5. 16 Ton
- 6.5.1. 16 Ton Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- Chapter 7. Forklift Market: Electric Battery Type Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Forklift Market: Electric Battery Type Movement Analysis, 2025 & 2033 (USD Million)
- 7.3. Li-ion
- 7.3.1. Li-ion Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 7.4. Lead Acid
- 7.4.1. Lead Acid Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- Chapter 8. Forklift Market: End Use Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Forklift Market: End Use Movement Analysis, 2025 & 2033 (USD Million)
- 8.3. Industrial
- 8.3.1. Industrial Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.4. Logistics
- 8.4.1. Logistics Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.5. Chemical
- 8.5.1. Chemical Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.6. Food & Beverage
- 8.6.1. Food & Beverage Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.7. Retail & E-commerce
- 8.7.1. Retail & E-commerce Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.8. Others
- 8.8.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- Chapter 9. Forklift Market: Regional Estimates & Trend Analysis
- 9.1. Forklift Market Share, By Region, 2025 & 2033, USD Million
- 9.2. North America
- 9.2.1. North America Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.2.2. U.S.
- 9.2.2.1. U.S. Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Canada Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.3. Europe
- 9.3.1. Europe Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.3.2. UK
- 9.3.2.1. UK Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.3.3. Germany
- 9.3.3.1. Germany Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.3.4. France
- 9.3.4.1. France Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.3.5. Italy
- 9.3.5.1. Italy Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.3.6. Spain
- 9.3.6.1. Spain Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.4.2. China
- 9.4.2.1. China Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.4.3. Japan
- 9.4.3.1. Japan Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.4.4. India
- 9.4.4.1. India Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.4.5. South Korea
- 9.4.5.1. South Korea Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.4.6. Australia
- 9.4.6.1. Australia Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Brazil Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.5.3. Mexico
- 9.5.3.1. Mexico Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.5.4. Argentina
- 9.5.4.1. Argentina Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.6. Middle East and Africa
- 9.6.1. Middle East and Africa Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.6.2. UAE
- 9.6.2.1. UAE Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.6.3. KSA
- 9.6.3.1. KSA Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 9.6.4. South Africa
- 9.6.4.1. South Africa Forklift Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- Chapter 10. Competitive Landscape
- 10.1. Company Categorization
- 10.2. Company Market Positioning
- 10.3. Company Heat Map Analysis
- 10.4. Company Profiles/Listing
- 10.4.1. Anhui Heli Co., Ltd.
- 10.4.1.1. Participant’s Overview
- 10.4.1.2. Financial Performance
- 10.4.1.3. Product Benchmarking
- 10.4.1.4. Strategic Initiatives
- 10.4.2. Clark Material Handing Company, (Clark Equipment Company)
- 10.4.2.1. Participant’s Overview
- 10.4.2.2. Financial Performance
- 10.4.2.3. Product Benchmarking
- 10.4.2.4. Strategic Initiatives
- 10.4.3. Crown Equipment Corporation
- 10.4.3.1. Participant’s Overview
- 10.4.3.2. Financial Performance
- 10.4.3.3. Product Benchmarking
- 10.4.3.4. Strategic Initiatives
- 10.4.4. Doosan Corporation
- 10.4.4.1. Participant’s Overview
- 10.4.4.2. Financial Performance
- 10.4.4.3. Product Benchmarking
- 10.4.4.4. Strategic Initiatives
- 10.4.5. Hangcha Forklift
- 10.4.5.1. Participant’s Overview
- 10.4.5.2. Financial Performance
- 10.4.5.3. Product Benchmarking
- 10.4.5.4. Strategic Initiatives
- 10.4.6. Hyster-Yale Materials Handling, Inc.(Hyster-Yale Group, Inc.)
- 10.4.6.1. Participant’s Overview
- 10.4.6.2. Financial Performance
- 10.4.6.3. Product Benchmarking
- 10.4.6.4. Strategic Initiatives
- 10.4.7. Jungheinrich AG
- 10.4.7.1. Participant’s Overview
- 10.4.7.2. Financial Performance
- 10.4.7.3. Product Benchmarking
- 10.4.7.4. Strategic Initiatives
- 10.4.8. KION Group AG
- 10.4.8.1. Participant’s Overview
- 10.4.8.2. Financial Performance
- 10.4.8.3. Product Benchmarking
- 10.4.8.4. Strategic Initiatives
- 10.4.9. Komatsu Ltd.
- 10.4.9.1. Participant’s Overview
- 10.4.9.2. Financial Performance
- 10.4.9.3. Product Benchmarking
- 10.4.9.4. Strategic Initiatives
- 10.4.10. Mitsubishi Logisnext Co., Ltd.
- 10.4.10.1. Participant’s Overview
- 10.4.10.2. Financial Performance
- 10.4.10.3. Product Benchmarking
- 10.4.10.4. Strategic Initiatives
- 10.4.11. Toyota Motor Corporation (Toyota Material Handling)
- 10.4.11.1. Participant’s Overview
- 10.4.11.2. Financial Performance
- 10.4.11.3. Product Benchmarking
- 10.4.11.4. Strategic Initiatives
Pricing
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